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NEWS TAGGED ELON MUSK
Friday 26 July 2024
Musk backs Trump despite benefiting from Biden's green energy policies for profits
Tesla CEO Elon Musk has vocally supported US Republican presidential candidate Donald Trump.
Thursday 25 July 2024
Tesla profit drop in 2Q24 highlights transformation challenges
Tesla's net profit fell by 45% YoY in the second quarter of 2024 to US$1.48 billion, which may indicate that the company is facing challenges with its transformation, according to...
Wednesday 24 July 2024
Elon Musk pivots to align with Trump EV policy
Tesla CEO Elon Musk has publicly voiced strong support for Republican US presidential candidate Donald Trump. They have even aligned on the issue of opposing EV subsidies, resolving...
Wednesday 17 July 2024
Chinese Apollo Go commands robotaxi market adoption amid Tesla delay reports
As Tesla CEO Elon Musk hints at delays in Tesla's Robotaxi plans, Baidu's Apollo Go (known as "Luobo Kuaipao" in Chinese) has already launched paid passenger services in 11 Chinese...
Friday 5 July 2024
Tesla reportedly delays investment plan in India amid slowing EV market
Following the cancellation of Tesla CEO Elon Musk's visit to India, reports suggest that the electric vehicle (EV) maker may postpone its potential investment in the country due to...
Thursday 27 June 2024
Tesla's Cybertruck turmoil: massive recalls put legacy Tier-1 and ASE-backed Tier-2 parts suppliers under the spotlight
Tesla CEO Elon Musk once remarked, "We dug our own grave with the Cybertruck," and recent developments seem to underscore his point.
Friday 7 June 2024
Musk's xAI eyes Memphis for supercomputer hub, teams with Oracle to leverage Nvidia H100 for largest GPU clusters
Elon Musk's xAI is reportedly planning to establish a supercomputer facility in Memphis, Tennessee.
Friday 24 May 2024
Musk's xAI nears close of deal valuing startup at US$24 billion
Elon Musk's artificial intelligence startup X.AI Corp. is slated to complete a funding round in June that could value the company at more than US$24 billion including its latest influx...
Monday 20 May 2024
Tesla suffers crippling effect from charging team layoff before FSD comes to its rescue
After Tesla reported weaker-than-expected sales in the first quarter of 2024, CEO Elon Musk has taken several measures to maintain the company's leadership in the EV sector. However,...
Monday 29 April 2024
Musk's China visit suggests Tesla's push to accelerate FSD deployment
Tesla CEO Elon Musk paid an unannounced visit to China on April 28. His main goal is reportedly accelerating the rollout of Tesla's Full Self-Driving (FSD) software in China. Coincidently,...
Tuesday 23 April 2024
Tesla reportedly laying off 20,000 employees in response to declining deliveries in 1Q24
Besides launching a new wave of EV price-cut strategies in 2024, Tesla is also undergoing a global mass layoff, highlighting the severe sales challenges Tesla is facing in the Chinese...
Monday 22 April 2024
Tesla CEO delays India visit amidst ongoing challenges and setbacks
Amidst a series of challenging developments, Tesla CEO Elon Musk's planned visit to India was anticipated as a potential morale booster for Tesla as well as for India.
Monday 15 April 2024
India roundup: Elon Musk visit to India may entail an EV plant
Elon Musk is scheduled to visit India and meet with Indian Prime Minister Narendra Modi. Global IC design houses speeded up investments in India by setting up global capability cen...
Thursday 11 April 2024
Tesla CEO plans second meeting with Indian PM, potentially announcing EV plant amidst rising global EV trade tensions
In just ten months, Tesla CEO Elon Musk plans to meet Indian Prime Minister Narendra Modi for the second time, a move that may entail announcing an EV manufacturing facility and positioning...
Thursday 28 March 2024
Elon Musk targets Optimus robot price to below half car's cost for mass market appeal
Tesla CEO Elon Musk has stated that the price of the Optimus humanoid robot should be kept below half the price of a car to achieve mass commercialization.